Govini ARR Hits $100M

Govini, a defense technologies company positioning itself as a challenger to Palantir, recently crossed $100 million in annual recurring revenue (ARR), signaling robust traction in the government and defense analytics market. 

The company secured $150 million in growth capital from Bain Capital, which elevated its valuation above the $1 billion mark, effectively making it a new unicorn in the defense tech space. 

Govini’s core product, known as Ark, offers AI-driven analytics and procurement intelligence to defense and government agencies, enabling data-driven decision-making, predictive logistics, and automation of formerly manual workflows. 

The platform competes head-on with Palantir by delivering similar mission-critical analytics capabilities—but with agile architecture suited to evolving defense priorities and cloud workflows. Govini’s rapid ARR growth—reported as 100%+ three-year growth—underlines how agencies are increasingly adopting commercial software models for national security modernization. 

On the financial and corporate side, Govini’s $150 million investment from Bain Capital pushed its valuation above $1 billion and bolstered its mission expansion strategy. 

With an ARR now at $100 million, Govini claims a 300-person workforce and forecasts continued triple-digit revenue growth as defense budgets shift toward software platforms. 

The company also secured a $900 million U.S. government contract, further solidifying its credibility and positioning as a major player in defense software.